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Impact on net Income or Loss Discussion Discuss how the use of each inventory valuation method, LIFO, FIFO, average cost and LCMcan affect the net
- Impact on net Income or Loss Discussion
Discuss how the use of each inventory valuation method, LIFO, FIFO, average cost and LCMcan affect the net income or loss of a company.
- FIFO vs LIFO
- With constant price changes in the economy, how does management assign a value to its inventory?
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
3rd edition
78025427, 978-0077736460, 007773646X, 978-0078025426
